Donald Trump Wont Divest From His Business Interests, Is this legal?

[UCmeNdc]

“My two sons, who are right here, Don and Eric, are going to be running the company,” Trump said at a press conference in New York. “They are going to be running it in a very professional manner. They’re not going to discuss it with me.”

Sheri Dillon, a financial adviser at Morgan, Lewis & Bockius, said at the event that Trump’s sons would have no contact with their father while he serves as president, and the company will appoint an ethics adviser to oversee any possible conflicts. The president-elect and his daughter Ivanka Trump, whose husband will become a senior White House adviser, will resign all positions in the Trump Organization, Dillon said.

Dillon added that the Trump Organization will not make any new foreign deals during his administration. The company will still pursue domestic deals.

The decision to put his two adult sons in charge of his company while the president-elect maintains a financial stake in the business will do little to alleviate concerns about the conflicts of interest he will face in office.

http://www.huffingtonpost.com/entry/donald-trump-conflict-of-interest_us_587660f3e4b05b7a465cdf13

[NCTraveler]

1. He is drowning in debt.

The narcissist is going to blame the collapse on his own children.

[shraby]

2. On MSNBC the man from the Brookings Institute said no. He said right after

the inauguration he expected trump to be hit with all kinds of lawsuits from the justice departments from the states and other competitors of his products.
Plus the emoluments clause does apply to him and that will be in front of the supremes pronto.

[Dark n Stormy Knight]

5. If this doesn't happen, if they just sit there and let him flout all the rules,

they are complicit. Unless a large number of Rs get on board with preventing the dangerous disaster that is Pres. Trump, we are so fucked.

[triron]

7. We are already 'so fucked'.

Just will get a little more so.

[fleur-de-lisa]

3. I thought it had to be a BLIND trust

and therefore, no family members or employees can be involved. Of course, Dump will flaunt those rules, like he does with everything else.

[louis-t]

4. "They're not going to discuss.....

Couldn't even get through it.

[bettyellen]

8. I love how he whined last fall that people expected him to never see Ivanka again

And now he appears to be promising not to talk to both his sons for four years. No biggie!

I don't believe his promise, but it is more truly weird stuff.

[Exilednight]

6. Legal? Maybe. Ethical? No.

There is no law that requires the president to remove himself from businesses they own. Sime contracts within the business divestments may say otherwise.

With that being said, there are probably other laws that could be enforced to work around the issue.